$4,738 Closing Credit*
$399,000
1,318 SqFt
4 Beds
•2 Full Baths
Beth Nitz, Listing Office: Dickson Realty - Damonte Ranch
Is 89506, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89506 was a Seller's Market.
Key Takeaway
89506 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 89506, NV
How much do homes in 89506, NV cost?
Median Sold Price
$446,750
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,750(+2.2%)
Key Takeaway
Homes in 89506 have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in 89506 was $446,750 in November 2024, up 2.2% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $215K | N/A |
| 2 Bedrooms | $337.4K | $317K | -6.1% |
| 3 Bedrooms | $422.1K | $430.3K | +1.9% |
| 4 Bedrooms | $481K | $507.4K | +5.5% |
| 5+ Bedrooms | $699K | $536.9K | -23.2% |
Summary: 89506 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes decreased by 23.2%.
Median Sold Price Compared To Nearby Zip Codes
| 89433 | $409K | $430K | +5.1% |
| 89436 | $530K | $549.9K | +3.8% |
| 89506 | $437K | $446.7K | +2.2% |
| 89441 | $645K | $650K | +0.8% |
| 89512 | $360K | $341.5K | -5.1% |
Housing Supply in 89506, NV
How many homes are available in 89506, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 205 | 189 | -7.8% |
Summary: The 89506 real estate market had 189 homes for sale in November 2024, a 7.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 21 | 23 | +9.5% |
| 3 Bedrooms | 98 | 87 | -11.2% |
| 4 Bedrooms | 74 | 67 | -9.5% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The 89506 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 11.2%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 50 | 28 | -44.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89506, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in 89506 in November 2024, down by 44.0% month-over-month. Of the 28 sold homes, 32% were sold under asking, 50% were sold at asking, and 18% were sold over asking.
Days on Market for 89506, NV
How long does it take to sell a home in 89506, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 66 Days | 75 Days | +13.2% |
Summary: Homes in 89506 had an average of 75 days on market in Nov 2024, up by 13.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89506 has remained consistent over time.
Summary: During November 2024, 28 homes were sold in 89506; 4% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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